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New report shows Montana hospitals pump billions into local economies


New report shows MT hospitals pump billions into local economies
BBER PHOTO
and last updated 2021-06-09 18:21:36-04
MISSOULA — New research from the University of Montana affirms what economists have been saying for some time now that the state s hospitals are pumping billions of dollars into local economies.
The report uses audited findings from 56 of the state s 60 non-governmental hospitals and shows them accounting for close to 12% of Montana s private sector employment and 13% of the total private-sector wages.
That generates nearly $84,000 permanent, year-round jobs across the state, over $6.3 billion in annual income, boiled down to $5.7 billion in disposable income after taxes. BBER says that generates more than $16-billion in added economic output, and in many counties makes health care the number one industry. ....

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